This Earth Day it’s good to reflect on one’s own love for the planet Earth. If you want to express your love and appreciation for this ball of rock and air that orbits then Sun then you should ride a bike everyday. If an ordinary bike isn’t your style then you may want to consider an ebike. The future of our built environment will be about two wheels instead of four, and this can’t happen too enough. Thankfully the rise of ebikes is bringing us that future by getting people to ditch their lethal four wheel machines for better two wheeled solutions. Indeed, the oil industry may come to end sooner than projected because ebikes are lowering demand for gasoline!
If taken up, electric micromobility can cut urban emissions. A study of e-scooter riders in the United Kingdom found these trips produced up to 45 percent less carbon dioxide than alternatives.
US researchers estimate that if e-bike trips expanded to 11 percent of all vehicle trips, transport emissions would fall by about 7 percent.
As petrol prices increase and battery prices fall, the cheaper running costs of electric vehicles and even cheaper running costs of electric mopeds, bikes, and scooters will keep eating away at the demand for oil.
Global oil demand is now projected to peak in 2028 at 105.7 million barrels per day—and then begin to fall, according to the International Energy Agency.